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Baku-Tbilisi-Ceyhan (BTC) oil pipeline delivered 3.3 billion barrels of Azeri oil since it became operational in 2006, from Ceyhan marine terminal in the Adana province of southern Turkey to the international oil markets, according to data from Turkey's petroleum pipeline corporation BOTAS.

BP Plc, Chevron Corp and Royal Dutch Shell Plc are among the companies that will compete for exploration and production rights off the Brazilian coast on Thursday, in the first of three oil bidding rounds scheduled for coming weeks.